The latest SME Barometer produced by Azets, has revealed growth plans among UK SMEs despite a significant drop in optimism about the economy.
It found that 51% of all small to medium sized enterprises (SMEs) across the UK and Nordics are optimistic about the economic outlook, down from 68% last summer with UK SMEs the least positive with 40% expecting the economic climate to worsen.
Despite concerns over the economy 62% of all SMEs expect their turnover to increase during the next year and 53% expect profits to improve.
